🌍 Guarantees of Origin — Building a Market Maker
In this episode of Soldera Markets, Stenver, Al and Ollie from Soldera chat with Koen Andriessen and Chris Myers from Faraday Trading, about what it takes to build a Market Making (MM) operation in the current Guarantee of Origin (GO) market.
This episode delves into:
→ How Faraday transitioned from financial derivatives to GO market making 📊 → Their passive approach: waiting for counterparties rather than chasing trades
→ Why they focus on AIB grid-connected certificates for sharper pricing
→ How constant trading volume creates effective risk management
→ How Faraday views the market: learn about the MM approach to risk and strategy.
Faraday’s Origin Story:
→ Three co-founders with extensive careers in financial market making
→ Started January 2024 as their first entrepreneurial venture together
→ Saw GO market as less developed compared to efficient financial markets
→ Drew parallels to financial products that became liquid over time
→ Brought MM expertise to a space dominated by back-to-back trading
Soldera Auctions:
→ Learn how Faraday and Soldera work well together
→ Explore how market makers access quality GO supply efficiently
→ Understand how streamlined sourcing strengthens MM liquidity provision
Enjoyed this episode? Sign up for more GO market expertise in your inbox ⬇️
Renewable Producer in GO Markets? Try Soldera ⬇️
